The August Group Inc. is your source for dependable Real Estate Appraisals in Saint Louis City and the following counties in Missouri; St. Louis, Franklin, Jefferson, Warren, Lincoln, St. Charles and St. Francois.Whether it's an older home or luxurious new construction, Jeffrey Noyes' experience and hours of study as licensed appraiser make him qualified to provide home valuations in Saint Louis City, St. Louis, Franklin, Jefferson, Warren, Lincoln, St. Charles and St. Francois County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers.
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| Flat Ending After Early Head Fake | ||
| 1/6/2026 3:25 PM | ||
| Ending Near Unchanged Levels After Early Head Fake Trading volumes confirm that bonds are 100% back in action, but after this morning"s selling pressure proved to be a head fake, that volume hasn"t translated to any meaningful momentum. This isn"t too hard to accept considering the absence of big-tick...Read More | ||
| Mortgage Rates Barely Budge, But Volatility Risk is Increasing | ||
| 1/6/2026 2:53 PM | ||
| Mortgage rates have been effectively unchanged for 5 straight days now. During that time, the MND 30yr fixed rate index hasn"t moved by more than 0.01%. The average borrower would see almost exactly the same terms on any of these days. The absence of volatility isn"t much of a surprise given the time of year and the lack of important economic data...Read More | ||
| AI, 2nds, Servicing Tools; Wire Fraud Scheme; MISMO Changes; Thoughts on Affordability | ||
| 1/6/2026 10:54 AM | ||
| As it turns out, not everyone has a loan on their house. In fact, 40 percent of U.S. homes don’t have a mortgage, per the Census Bureau. Should I repeat that? 40%. (Here’s a nice map with state-level information.) What are you, or your company, doing about it? Are you even seeing those potential clients in your database? Regarding new homes… Let’s ...Read More | ||
| Volume is Back. Still Waiting on Volatility | ||
| 1/6/2026 8:54 AM | ||
| A range trading theme has dominated the bond market since the most recent high yield on December 10th and the most recent low the following day. 100% of trading since then has fallen inside those boundaries (4.10-4.20% in terms of 10yr yields). Even though volume has made a resounding post-holiday return, there"s little for market watchers to do un...Read More | ||
| Bonds Improve Back to Pre-Holiday Levels | ||
| 1/5/2026 3:19 PM | ||
| Bonds Improve Back to Pre-Holiday Levels While there was some relevant econ data today (ISM Manufacturing), it didn"t have an obvious impact on the bond market. Nonetheless, volume was back at pre-holiday levels. Notably, Dec 11(day after Fed day) was the last day of 2025 that wasn"t affected by progressive...Read More | ||
| Mortgage Rates Holding at 2-Month Lows | ||
| 1/5/2026 2:52 PM | ||
| The two days of 2025 with the lowest rates were September 16th and October 28th. Both days happened to be the Tuesdays that preceded Fed rate cuts. On both occasions, those rate cuts were delivered with other comments from the Fed that the bond market didn"t like. The net effect is/was two very obvious dips and spikes. The second half of D...Read More | ||
| AI, Retention, Jumbo Tools; STRATMOR Interview; Lenders From 2006; Mortgage Action Alliance | ||
| 1/5/2026 10:41 AM | ||
| Redfin is calling next year the beginning of “The Great Reset,” when wages will grow faster than home prices for the first time since 2008. Eventually, that could mean affordable houses. But not this year. Mortgage banking isn’t a career most people plan; but for those it finds, it can become a calling. In this personal and candid essay, Bill Dawle...Read More | ||
| Bonds Are Back in The Office | ||
| 1/5/2026 9:20 AM | ||
| By 10am ET, today"s trading volume has already surpassed that seen on December 23rd and 26th (both full trading days)--proof positive that the market is shifting out of holiday mode. Over the past 3 weeks, bonds did a perfect job of holding inside the forgettable sideways range marked by 4.10-4.20 in 10yr yields. A breakout on either side of that r...Read More | ||
| Modest Incidental Weakness | ||
| 1/2/2026 2:52 PM | ||
| Modest Incidental Weakness Despite a bit of incidental selling today, the bond market has survived the winter holiday season without even attempting to break outside the narrow prevailing range. This is especially true for shorter duration Treasuries and MBS. It has been and continues to be the case that we...Read More | ||
| Mortgage Rates Stay Flat to End The Week | ||
| 1/2/2026 2:27 PM | ||
| Heading into the week, we knew there was a high bar for any legitimate mortgage rate fireworks. In addition to a dearth of scheduled events with the power to cause volatility, the last two weeks of the year don"t tend to see big changes in the bond market. There are exceptions, but 2025 wasn"t one of them. In fact, bond yields and mortgage r...Read More | ||